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The Great Depression Lesson 1 Flashcards | StudBud
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The Great Depression Lesson 1
The Great Depression Lesson 1
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StudBud Administration
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Chapter 26 Lesson 1 of Connected
Flashcards
25 cards
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Practice quiz
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Questions
25
Answers
1
How were other nations effected by the Great Depression?
The fought in war
They put taxes on imported goods
They had a preat depression
Get money
2
What percent of people were out of work in 1932?
25%
33%
10%
45%
3
Did the Bonus Army get what they wanted?
Not Really
Yes
Kind of
No
4
What is the definition of public works?
projects such as private navy bases
The study of work
A method for business
Projects such as highways
5
Who was Herbert Hoover?
A person apart of the Bonus Army
The President of the United States
A soldier
A plane pilot in WWI
6
What is the definition of decline?
To drop, or to go down steadily
To go up, or to climb higher
To lose money, or to go lower
To lose everything
7
What was one reason the great depression started?
The stock market crashed
The potato famine
The deadly dog disease
The bonus army attacked
8
What type of money fueled the 1920s economy?
Goverment money
Stock market money
Borrowed
Stolen money
9
What were the names of the villages that homeless people stayed in?
Hoervilles
Tariffvilles
Hoovervilles
Stockerville
10
What is the definition of stock exchange?
Failure in structure or value of money
A system of buying and selling stock
Saving money/stock for the future
Failing to meet in a obligation
11
What did countries do when the U.S. taxed imported goods?
They taxed imported goods coming into there country
They made a treaty
They started war
They forgot about it
12
What year did the Great Depression Start
1925
1930
1920s
1929
13
How did experts see problems in the U.S. economy in the early 1920s?
planes
war
the stock market
The Farm income
14
What factors caused the stock market crash
People were stealing stock
The value of stock went down a lot
Companies
Everyone was selling their stock
15
What year did President Hoover agree to federal spending on public works?
1929
1931
1930
1932
16
Why did the Bonus Army protest?
They wanted to go back into battle
They were mad
They wanted money they lost when they got drafted
They wanted rights.
17
How did Hoover help the unemployed citizens
He created the reconstruction finance corporation
He requested for more jobs
He left the office
He spent money on public works
18
What is another reason The Great Depression started
Taxes were way too high
War
Shrinking farm income
Motor companies went bankrupt
19
What does it mean to "buy stock on margin"?
borrowing money from a broker to purchase stock
buying stock when the business is slow
selling stock from the margin
using money to have to purchase stock
20
What did congress agree to give the veterans of WWI
Death sentence
A cash reward
Food
Job
21
What was one reason many people lost 1000s of dollars
They got scammed
They spent it on Takis
Banks going bankrupt
Millions of people robbed banks
22
To invest is to what?
To steal money
Committing money in hopes of losing money
Committing money in hopes of earning money
To give up money
23
What does defaulted mean?
To protest
To pay people
To get drafted
To fail to meet an obligation, mostly in money
24
If you are getting relief you are getting what?
Aid
Sent out of the country
Killed
Drafted into war
25
When did congress promise to give the veterans their bonus?
1935
1941
1945
1940
